Plan Ledger DOL Form 5500 · updated monthly

Magic Valley Electric Cooperativebenefits

Magic Valley Electric Cooperative Wrap Plan · MERCEDES, TX · plan year 2024

Broker compensation reported · 2024
$43,710

Magic Valley Electric Cooperative's benefits plan covered 288 active participants in 2024, providing health · dental · vision · short-term disability · other. Insurance brokers and agents were paid $43,710 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $152 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20243
VISION SERVICE PLAN · visionpremiums n/a · 177 covered
HCC LIFE INSURANCE COMPANYpremiums n/a · 291 covered
AFLAC · stdpremiums n/a · 216 covered
Brokers & agents paid · 202411
HOLLY JO GARCIA$10,699 · incl $563 fees
MARY BOYD INSURANCE AGENCY, INC.$9,256 · incl $199 fees
KATHY J JOHNSON$6,997 · incl $208 fees
VERONICA LIZCANO$2,958 · incl $133 fees
GRISELDA PEREZ$1,983
BERTHA ORDAZ$1,849 · incl $101 fees
JAMES R BLACKBURN$1,847
SANDRA SMITH$1,607
MEGAN L GONZALEZ$1,564 · incl $172 fees
BENEFITS AT WORK LLC$1,177
19 individual agents · names withheld$3,773

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 740758801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.